The majority of enterprises are prioritizing their blockchain pilots that concentrate on supply chains improvements (53%) and the Internet of Things (51%) according to Deloitte’s latest blockchain survey. Combining blockchain’s distributed ledger framework with the Internet of Things’ (IoT) proven real-time monitoring and tracking capability is redefining supply chains. Blockchain and IoT are defining the future of supply chains based on the initial success of Proof of Concept (POC) pilots focused on the logistics, storage and track-and-trace areas of supply chains across manufacturing. Internet of Things (IoT) and its impact on supply chain: A framework for building smart, secure and efficient systems. Unlocking the potential of the internet of things to improve resource efficiency in food supply chains.

Source: Forbes January 13, 2019 16:07 UTC